Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.
Dear shareholders,
 
Please see the attached article titled, "A Carefree Getaway Just Off the Persian Gulf"
 

As a ferocious, record-breaking blizzard pummeled our windows, ushering in yet another month of Moscow’s winter, we began a sudden, frantic search for a sunny refuge, someplace to both defrost on the beach and absorb a little culture over the course of four days.

It had to be within a few hours’ flying time and free of the Islamic State or Al Qaeda. That is getting harder for Russian and European travelers. Places that used to provide short getaways — Egypt, Tunisia, Libya and Kenya — are plagued by either war or random extremist violence. And going to a relatively stable region like the Caribbean involves too much flying time for a quick trip.

Read entire article here: http://www.smallcapepicenter.com/11-22-2016_NYT_A%20Carefree%20Getaway%20Just%20Off%20the%20Persian%20Gulf%20(1).pdf

 
Kind Regards, 
 
AGORACOM 

 

 

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AGORACOM Administrator
City
Vancouver
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Administrator
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10963
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Date Joined
01/14/2013
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Omagine
Symbol
OMAG
Exchange
OTCQB
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20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
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